Current:Home > MarketsPlanned Ross Stores distribution center in North Carolina to employ 850 -Apex Profit Path
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-14 23:43:49
RANDLEMAN, N.C. (AP) — Discount retailer Ross Dress For Less will build a southeastern U.S. distribution center in central North Carolina, investing $450 million and creating 850 jobs, officials announced Tuesday.
Ross Stores Inc., which operates Ross Dress for Less and another off-price chain, aims to complete its capital investment at the Randolph County site by the end of 2026 and create the jobs from 2027-2031, according to a document provided by the state Commerce Department.
Off-price chains, which also include TJ Maxx and Marshalls, buy brand-name clothing and other products directly from manufacturers or other retailers with excess inventory, then sell them in no-frills stores.
Ross Stores calls Ross Dress For Less the largest off-price apparel and home fashion chain in the U.S., with over 1,700 locations in 43 states, the District of Columbia, and Guam.
The 330-acre (134-hectare) distribution center, to be located about 20 miles (32 kilometers) south of Greensboro, will provide warehousing, fulfillment and packing operations, Gov. Roy Cooper’s office said in a news release.
The minimum average wage for the new jobs will be essentially at the Randolph County average of $45,800 per year.
The California-based company was choosing between the site in Randleman and another in Laurens County, South Carolina, according to information provided to a state committee that approves some government incentives. The Economic Investment Committee agreed earlier Tuesday to award Ross up to $7.6 million in cash payments over 12 years if it meets job-creation and investment targets. In all, the company is poised to receive over $52 million in state and local incentives, most of which would originate from Randleman and Randolph County government.
veryGood! (728)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Cissy Houston mourned by Dionne Warwick, politicians and more at longtime church
- Liam Payne's Heartfelt Letter to His 10-Year-Old Self Resurfaces After His Death
- Colorado gold mine where tour guide was killed and tourists trapped ordered closed by regulators
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Nearly $75M in federal grant funds to help Alaska Native communities with climate impacts
- US presidential election looms over IMF and World Bank annual meetings
- ‘Breaking Bad’ star appears in ad campaign against littering in New Mexico
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- South Carolina man gets life in prison in killing of Black transgender woman
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Judge orders Afghan man accused of planning Election Day attack in US to remain in custody
- Uphill battles that put abortion rights on ballots are unlikely to end even if the measures pass
- Dennis Eckersley’s daughter gets suspended sentence in baby abandonment case
- The Super Bowl could end in a 'three
- 'Dune: Prophecy' cast, producers reveal how the HBO series expands on the films
- US presidential election looms over IMF and World Bank annual meetings
- 3 states renew their effort to reduce access to the abortion drug mifepristone
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Woman dies 2 days after co-worker shot her at Santa Monica College, police say
Oklahoma parents and teachers sue to stop top education official’s classroom Bible mandate
Louis Tomlinson Planned to Make New Music With Liam Payne Before His Death
This was the average Social Security benefit in 2004, and here's what it is now
Will Menendez brothers be freed? Family makes fervent plea amid new evidence
A father and son are both indicted on murder charges in a mass school shooting in Georgia
Disney x Kate Spade’s Snow White Collection Is the Fairest of Them All -- And It's on Sale